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Banksville Road Portfolio: Goodwill

2866 Banksville Rd, Pittsburgh, PA 15216

Listing Price: $4,545,725

Tenant Name
Goodwill
Years Remaining On Lease
3.3
Guarantor
Franchisee Guarantee
Rentable SF
9,000
Lease Type
Double Net
Rent Per Square Feet
$17.00

Investment Overview

This two-property portfolio affords both new and experienced investors the opportunity to acquire high producing, securely backed net lease assets in the highly populous Pittsburgh metropolitan area. The offering subject sits on an acre of land with two separate NN+ Lease properties filling nearly 20,000 square feet on 3 parcels of land less than 5 miles from downtown Pittsburgh. Dollar Tree (BBB Credit Rating) is back by a Corporate Guarantee and has 9+ years left on the lease with a 5-year option remaining. Goodwill is backed by Goodwill of S W PA, the premier Goodwill franchisee in Pennsylvania & West Virginia. Both tenants proved resilient throughout the pandemic and expect to see continued growth with their recession-proof business models.

Investment Highlights

  • Backed by Goodwill of Southwest Pennsylvania
  • 3+ Years remaining in Lease Term with Annual Rent Bumps
  • Proved Resilient Throughout the Pandemic and Expected to Continue to Grow

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Discount

Banksville Road Portfolio: Goodwill

Listing Price: $4,545,725

Tenant Name
Goodwill
Years Remaining On Lease
3.3
Guarantor
Franchisee Guarantee
Rentable SF
9,000
Lease Type
Double Net
Rent Per Square Feet
$17.00

Investment Highlights

  • Backed by Goodwill of Southwest Pennsylvania
  • 3+ Years remaining in Lease Term with Annual Rent Bumps
  • Proved Resilient Throughout the Pandemic and Expected to Continue to Grow

Investment Overview

This two-property portfolio affords both new and experienced investors the opportunity to acquire high producing, securely backed net lease assets in the highly populous Pittsburgh metropolitan area. The offering subject sits on an acre of land with two separate NN+ Lease properties filling nearly 20,000 square feet on 3 parcels of land less than 5 miles from downtown Pittsburgh. Dollar Tree (BBB Credit Rating) is back by a Corporate Guarantee and has 9+ years left on the lease with a 5-year option remaining. Goodwill is backed by Goodwill of S W PA, the premier Goodwill franchisee in Pennsylvania & West Virginia. Both tenants proved resilient throughout the pandemic and expect to see continued growth with their recession-proof business models.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

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